Tag Archive: bankruptcy

Borders to Pitch Skeptical Publishers

>From earlier in the month, http://www.PublishersWeekly.com stated At a meeting with publishers set for Wednesday morning, Borders Group will unveil its long-awaited restructuring plan, but unless it contains substantial new information, publishers are likely… Continue reading

Borders Leaves Publishers Unimpressed, Pushes for Better Terms

>Borders Leaves Publishers Unimpressed, Pushes for Better Terms As reported in PW Daily yesterday, Borders was facing a skeptical publisher audience Wednesday when it presented its reorganization plan and by most accounts publishers… Continue reading

Borders Watch: Distribution Center Switch, Exec Incentives, New Terms Sought

>By Judith Rosen, http://www.publishersweekly.com: In its second turnabout within a week, Borders will close its Northeast distribution center in Carlisle, Pa., but keep the warehouse in LaVergne, Tenn., open for the foreseeable future, according… Continue reading

Borders to Decide Fate of 75 Stores This Week

>by Judith Rosen, http://www.publishersweekly.com: In a brief conference call to vendors Friday afternoon, Borders CEO Mike Edwards said that the company will make a decision this week on whether or not to close… Continue reading

Closings and Liquidation: A story of Borders

>I, personally, like borders.  It’s a great bookstore, with plenty of options for everyone: teens, adults, scifi, romance, westerns, fiction, literary, music.  Just a shame they have no business plan. By Tom Hals… Continue reading

Saturday Bonus Posting: More Borders Troubles

> Borders bankruptcy filing expected early next week   Borders Group may file for bankruptcy reorganization as early as Monday or Tuesday, according to a report in the Wall Street Journal. The No.… Continue reading

Borders receives delisting warning from NYSE

> Troubled bookseller Borders Group Inc (BGP.N) said on Friday that the New York Stock Exchange warned it its low share price did not meet listing requirements. The company said it was notified on Thursday it was not… Continue reading